PPP Loan information for Thorn logging, llc

$73,940

Thorn logging, llc was initially approved for PPP Loan of amount $73,940, the current approved amount is $73,940. The loan was approved on 04/05/2020 by The Community Spirit Bank reported 8 jobs and $73,940 was used to fund payroll.

Thorn logging, llc is Existing or more than 2 years old

PPP Loan Search / AL / RED BAY / Thorn logging, llc

THORN LOGGING, LLC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THORN LOGGING, LLC

Borrower Address

810 CROSSWAY TRAIL

Borrower City

RED BAY

Borrower State

AL

Borrower Zip

35582-2600

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73940.00

Current Approval Amount

73940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3201

Servicing Lender Name

Community Spirit Bank

Servicing Lender Address

200 4th Ave SW

Servicing Lender City

RED BAY

Servicing Lender State

AL

Servicing Lender Zip

35582-4180

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED BAY

Project County Name

FRANKLIN

Project State

AL

Project Zip

35582-2600

CD

AL-04

Jobs Reported

8

NAICS Code

113110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59150.00

Mortgage Interest Proceed

14790.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

3201

Originating Lender

Community Spirit Bank

Originating Lender City

RED BAY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

74459.63

Forgiveness Date

12/28/2020

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